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AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...

Instagram, Twitter, and TikTok ban hundreds of accounts with stolen usernames

Facebook’s photo-sharing platform Instagram, Twitter, and short video platform TikTok reportedly banned or took down hundreds of accounts that were hacked and sold for their short and accessible usernames. These single word usernames are known as “O.G. user names”. These usernames are valuable because they are eye-grabbing and are more visible on the internet than anyone else. An NYT report suggests that “cybercriminals buy and sell the user names on dedicated forums and messaging apps.”

The report further notes that the crackdown “follows a monthslong investigation by Instagram into ogusers.com, the primary forum in which these accounts are sold and traded.”

Why Instagram banned these accounts

After the investigation, Facebook-owned photo-sharing platform Instagram said that it “discovered that stolen account names were obtained through hacking, extortion, blackmail, and harassment — and then could be sold for as much as $40,000.”

The report highlighted that such incidents have been happening for years now and “gone largely unchecked”. The same report revealed that Ogusers.com is also the “forum where last year’s gigantic Twitter hack that affected former President Barack Obama, Elon Musk and many other celebrities was orchestrated.”

The NYT report stated that “SIM swapping has been many cybercriminals’ favored method of obtaining valuable Instagram accounts and social media handles.” But cybercriminals have reportedly resorted to harassment and threats as their method to obtain control on these accounts.

Tiktok bytedance lay off

Instagram stated that people behind the accounts ban had “subjected the owners of desirable Instagram handles to threats of swatting, revenge porn and violence.” The photo-sharing platform said that there were “nine cybercriminals behind the unauthorized seizure of hundreds of Instagram accounts.”

The platform banned middlemen who helped orchestrate the buying and selling of accounts on ogusers.com and Telegram. “Many of the middlemen are young people, including teenagers, who view short handles as status symbols,” the report noted.

After an alarming uprise in account theft and escalation to acquire these usernames, Instagram approached TikTok and Twitter to identify such accounts across platforms. a TikTok representative said in a statement, “As part of our ongoing work to find and stop inauthentic behavior, we recently reclaimed a number of TikTok user names that were being used for inappropriate account squatting.” The statement further noted, “We will continue to focus on staying ahead of the ever-evolving tactics of bad actors, including cooperating with third parties and others in the industry.”

Microblogging site Twitter confirmed that it also banned users for violating the platform’s policies on manipulation and spam. “This investigation was done in tandem with Facebook,” a Twitter representative said.



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